China outlook positive, says CLSA strategist

Even a worst-case scenario will not alter the course of the Chinese juggernaut, says Andy Rothman.

Andy Rothman, CLSAÆs China macro strategist, did his best to dispel gloom on ChinaÆs possible over-heating and exposure to a US slowdown on Tuesday, the second day of the annual CLSA forum in Hong Kong.

Rothman highlighted improvements in both the real economy, and far-reaching political moves to establish a æharmonious societyÆ on the eve of the 17th Party Congress later this year. ôThe Chinese economy is not growing too fast, he says. The tightening measures we have seen...